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Cline Mining Corporation T.CMK



TSX:CMK - Post by User

Comment by aatwalon Jul 11, 2012 12:43pm
309 Views
Post# 20102661

RE: sell the mine

RE: sell the mine

The mine is not shut in as far as I can read.....they still have all the permits, etc. to mine, but are suspending mining operations.  I believe they are trying to see if the coal market improves in the next couple of months.....it all depends on the outlook for coal in general we need more stimulus form governments and QE3 to kick start sluggish growth...rate cutting around the world has started already but that will take sometime to kick in, but nonetheless happening.

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